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What's your opinion on Government bailout?
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Quick Tip by . December 14, 2010
If it's that necessary, we better look at decentralizing the critical industries so we don't have to do it again. Let the businesses fail, and let the government's only role be to agree to guarantee insurance claims that have to be liquidated as part of the end of insurance companies like AIG.
review by . April 15, 2008
In the good old days, you might invest in something risky to increase your expected return, but you understood that you could lose everything.  Fortunately, you now have an alternative -- hostage investing.  Invest in something with a very high expected return, but something that is so core to the health of the overall economy that effectively, the entire country becomes hostage to the success of the investment.        We've had some form of this for quite a while, …
Government bailout
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